Top Executive
- Must have an M.B.A. (master of business administration).
- Bachelors or master’s degree in administration.
- can substitute experience for education
- must have related work experience
- can be promoted from within the organization
- the median annual wage of chief executives was $165,080
- Employment of top executives is expected to grow 5 percent, next 10 years.
- Top executives work in nearly every industry
- work for both large and small organizations
- The job can be very stressful
- top executives often work long hours
- Establish and carry out departmental organizations
- organizational goals, policies, and procedures
- Direct and oversee an organization’s financial and budgetary activities
- Manage general activities related to making product
- provide services
- Consult with other executives, staff, and board members about general operations
- Negotiate or approve contracts and agreements
- Appoint department heads and managers
- Analyze financial statements
- analyze sales reports
- analyze other performance indicators
- Identify places to cut costs
- to improve performance, policies, and programs
- Responsibilities depend on an organization’s size
- often is responsible for the whole company
- responsible for purchasing, hiring, training, quality control, and day-to-day supervisory duties
- Chief executive officers (CEOs) are in command of top executives.
- Also known by tittle as executive director, president, and vice president
- typically report to a board of directors
- Chief financial officers are accountable for the accuracy of a company
- Chief information officers are responsible for the overall technological direction.
- Chief operating officersoverseeother executives who direct the activities of various departments.
- Chief sustainability officers address sustainability issues by enacting or overseeing a corporate sustainability strategy
- Mayors, governors, city managers, and county administrators, are chief executive officers of governments
- School superintendents(master’s)
- college or university presidents are chief executive officers of school districts
- General and operations managers oversee operations that are too diverse and general to be classified into one area of management or administration
- Top executives held about 2.1 million jobs in 2010
- Some have the ability to set their own schedules.
- Keen competition is expected because the prestige
- High pay attracts a large number of qualified applicants.
- Top executives are among the highest paid workers
- considerable travel
- intense pressure to succeed are common
- All organizations have specific goals
- all formulate policies
- direct the operations of businesses
- chief executive officer meets frequently
- carry out a number of other important functions
- often do this work by themselves
- offices close to those of the top executives to whom they report
- brokerage office manager needs a strong background in securities and finance
- chief financial officer looks after the financial objectives
- High school diploma or equivalent $77,880
- Administrative services managers plan, direct, and coordinate supportive services of an organization
- Highest paid made more than $700,000.
- Administrative service managers.
- Construction managers $88,980
- Financial managers, associate’s degree.
- Sales manager, Bachelor’s degree
- Administrative services managers plan, direct, and coordinate supportive services of an organization
- full time
- 1 in 4 worked 50 or more hours per week
- The median annual wage of administrative services managers was $77,890 in May 2010.
- expected to grow 15 percent from 2010 to 2020